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Stock Market & Financial Investment News

News Breaks
June 17, 2014
07:44 EDTAVAVAeroVironment downgraded to Hold from Buy at Benchmark Co.
Benchmark downgraded AeroVironment to Hold ahead of the Q1 report based on rich valuation and expectations FY15 guidance could be weaker than expected given lower US Department of Defense , cancellation of the State Department program and Switchblade visibility. Price target lowered to $30.
News For AVAV From The Last 14 Days
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October 8, 2014
09:10 EDTAVAVAeroVironment awarded Phase II Tern contract by DARPA valued at $19M
AeroVironment announced the Defense Advanced Research Projects Agency has selected the company and its team of industry leaders to follow its successful phase I concept design effort with a phase II preliminary design for the Tactically Exploited Reconnaissance Node, or Tern. The 12-month, $19.04M phase II effort seeks to conclude with subscale flight demonstrations prior to a planned phase III award decision.

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